Goldman and DBS in OUB/UOB presentation fiasco

A public apology is in the offing as a farcical situation comes to a close.

In one of the most bizarre twists in the battle for Singapore's OUB, DBS and Goldman Sachs are to apologize for putting together a defamatory presentation book. The presentation – which circulated in Europe during an international roadshow– was designed to persuade investors that DBS's bid for OUB was better than UOB's.

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